Question 1

What is ZID?

Accepted Answer

ZID (BMO MSCI India Selection Equity Index ETF) is a Canadian-listed ETF trading on the TSX in the Geographic Equity category. It tracks the Morningstar Global Markets GR CAD.

Question 2

What is the ZID ETF price today?

Accepted Answer

ZID last traded at $41.21 CAD on the TSX. See the price chart above for recent performance.

Question 3

What is the ZID MER (management expense ratio)?

Accepted Answer

ZID has a management expense ratio (MER) of 0% per year. This fee is automatically deducted from the fund's assets, so you never pay it directly — but it does reduce your net returns over time. At 0%, ZID is considered a low-cost ETF.

Question 4

What are ZID annualised returns?

Accepted Answer

ZID historical returns: YTD: -17.73%, 1-year: -11.51%, 3-year annualised: +2.90%, 5-year annualised: +1.51%, 10-year annualised: +8.64%. Past performance is not a guarantee of future results. The 3-year Sharpe ratio is 0.09, which measures risk-adjusted return.

Question 5

Does ZID pay dividends or distributions?

Accepted Answer

Yes, ZID distributes income to unitholders. The current distribution yield is approximately 0.79%, paid annually. Distributions may include dividends, interest, capital gains, or return of capital depending on the fund's holdings. In a TFSA or RRSP, distributions are sheltered from tax.

Question 6

What does ZID invest in?

Accepted Answer

ZID's top holdings include Reliance Industries Limited (RELIANCE, 16.5%), Infosys Limited (INFY, 7.2%), Mahindra & Mahindra Limited (M&M, 6.1%), AXIS BANK LTD. (AXISBANK, 5.9%), Kotak Mahindra Bank Limited (KOTAKBANK, 4.4%) — and 4 more positions. See the full Top 10 Holdings table above for a complete breakdown. The fund tracks the Morningstar Global Markets GR CAD.

Question 7

What sectors does ZID invest in?

Accepted Answer

ZID's largest sector exposures are Energy (17.9%), Consumer Cyclicals (17.3%), Basic Materials (14.9%). The full sector breakdown is shown in the Sector Weights table on this page.

Question 8

How large is ZID? (Assets under management)

Accepted Answer

ZID has approximately $164M in assets under management (AUM). Larger AUM generally means better liquidity, tighter bid-ask spreads, and a lower risk of the fund being wound down.

Question 9

When was ZID launched?

Accepted Answer

ZID was launched on January 19, 2010, giving it a 16-year track record. A longer history makes it easier to evaluate how the ETF performs across different market cycles.

Question 10

How do I buy ZID in Canada?

Accepted Answer

ZID trades on the TSX under the ticker ZID. You can buy it through any Canadian brokerage, including Wealthsimple Trade (commission-free), Questrade, TD Direct Investing, RBC Direct, and CIBC Investor's Edge. It can be held in a TFSA, RRSP, FHSA, or taxable account.

Question 11

How risky is ZID?

Accepted Answer

ZID has a 1-year volatility of 16.82% and a beta of 0.36 (less volatile than the broad market). Its 3-year Sharpe ratio of 0.09 indicates below-average risk-adjusted returns. As with all market-linked investments, past volatility does not predict future risk.

Date	Open	High	Low	Close	Adj Close	Volume
2026-09-10	$41.51	$41.51	$41.17	$41.21	$41.21	934
2026-09-09	$41.87	$41.87	$41.66	$41.66	$41.66	2,541
2026-09-08	$42.85	$42.85	$42.05	$42.05	$42.05	3,232
2026-09-04	$43.28	$43.28	$43.02	$43.02	$43.02	1,100
2026-09-03	$43.00	$43.00	$42.90	$42.90	$42.90	1,318
2026-09-02	$43.12	$43.14	$43.09	$43.09	$43.09	1,174
2026-09-01	$43.02	$43.37	$43.02	$43.14	$43.14	6,235
2026-08-31	$42.88	$43.09	$42.86	$42.86	$42.86	5,374
2026-08-28	$43.00	$43.04	$42.95	$42.98	$42.98	2,881
2026-08-27	$43.03	$43.03	$43.00	$43.00	$43.00	2,356

#	Ticker	Name	Weight
1	RELIANCE	Reliance Industries Limited	16.50%
2	INFY	Infosys Limited	7.16%
3	M&M	Mahindra & Mahindra Limited	6.14%
4	AXISBANK	AXIS BANK LTD.	5.86%
5	KOTAKBANK	Kotak Mahindra Bank Limited	4.42%
6	HINDALCO	Hindalco Industries Limited	2.62%
7	ULTRACEMCO	ULTRATECH CEMENT LTD.	2.55%
8	POWERGRID	POWER GRID CORPORATION OF INDIA LTD.	2.47%
9	HCLTECH	HCL Technologies Limited	2.46%

Sector	Weight
Energy	17.88%
Consumer Cyclicals	17.27%
Basic Materials	14.89%
Financial Services	13.49%
Technology	10.81%
Consumer Defensive	9.52%
Industrials	7.67%
Utilities	4.35%
Healthcare	3.21%
Communication Services	0.89%
Real Estate	0.00%

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CIBC Investor's Edge

BMO MSCI India Selection Equity Index ETF (ZID : TSX)

Price Chart (30 Days)

Key Statistics

Recent Price History

Annualised Returns

Top 10 Holdings

Sector Weights

ETF Details

7 stocks to buy and hold forever

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Frequently Asked Questions — ZID